Maybe you’re ready to get on the property ladder, but find it difficult to save for a deposit after paying rent and bills.
Or maybe your family is outgrowing your current home, so you need to upsize sooner rather than later.
We understand that it’s not always easy to get a big deposit together.
That’s why we offer Low Deposit mortgages at competitive interest rates, available to first-time buyers and existing homeowners alike.
We offer mortgages up to 95% LTV (loan-to-value).
This means we could lend you up to 95% of the cost of your home, so you’d need a deposit of just 5% to move in.
How much can I borrow?
Is a Low Deposit mortgage right for you?
The biggest advantage of a Low Deposit mortgage is in the name – a low deposit means lower upfront costs when buying a home.
A Low Deposit mortgage may be a good option for you if:
The downside of Low Deposit mortgages is that you’ll usually end up paying more in the long term due to the increased borrowing and interest over the term of the mortgage.
The best way to tell if a Low Deposit mortgage is right for you is to talk to a Mortgage Adviser.
A Mortgage Adviser will look at your situation and budget to find a mortgage that meets your needs.
90% LTV Remortgage
We also offer remortgage products up to 90% LTV - take a look at our remortgage page for more information and rates.
All our mortgages move onto our Standard Variable Rate after the initial rate period. Our Standard Variable Rate is currently 5.24%. If our Standard Variable Rate changes, your monthly repayments could go up or down.
Your home may be repossessed if you do not keep up repayments on your mortgage.